Weiss Ratings Reaffirms Hold (C) Rating for Helios Technologies (NYSE:HLIO)

Helios Technologies (NYSE:HLIO)‘s stock had its “hold (c)” rating reissued by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other brokerages have also recently issued reports on HLIO. Wall Street Zen raised shares of Helios Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Zacks Research cut shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Helios Technologies Stock Performance

Shares of HLIO stock opened at $50.38 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.41 and a current ratio of 2.45. The firm has a 50-day moving average price of $53.22. The company has a market cap of $1.67 billion, a PE ratio of 48.44 and a beta of 1.26. Helios Technologies has a 52-week low of $24.76 and a 52-week high of $57.29.

About Helios Technologies

Helios Technologies, Inc, together with its subsidiaries, develops, manufactures, and sells solutions for the hydraulics and electronics markets in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Hydraulics and Electronics. The Hydraulics segment offers cartridge valve technology products to control rates and direction of fluid flow, and to regulate and control pressures for industrial and mobile applications; quick release coupling solutions for the agriculture, construction equipment, and industrial markets; and hydraulic system design that provides engineered solutions for machine users, manufacturers, or designers.